Forex Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Countertrend Up (+85) - GTQUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GTQUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTQUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GTQUSD
The long-term trend has been UP since Dec 12th, 2021 at 0.12959222
The intermediate-term trend has been UP since Dec 12th, 2021 at 0.12941415
The short-term trend has been UP since Jan 4th, 2022 at 0.12965745
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).